How Much Is A 1924 $20 Bill Worth?

1924 Twenty Dollar Bill

All twenty dollar bills from 1924 have a chance to be valuable and rare. The things that determine the value are the serial number, condition, and issuing bank. All $20 national bank notes from 1924 started at serial number one. If your note is the #1 note then it will be worth a significant premium. All rare currency is valued based on its condition. Twenty dollar bills in perfect condition are worth more than the same note in lesser condition. For every three ten dollar bills a national bank printed, it only issued one $20 bill. That fact makes most 1924 twenty dollar bills comparatively rare. Sadly, they don’t always trade at a premium with most dealers. However, we recognize the rarity and pay up because they are scarce. 1924 $20 bills are few and far between today because twenty dollars then is the equivalent to $675 today. Paper money didn’t really become collectible until the 1960s. So there was really no incentive to save a $20 bill.

Fortunately for sellers, we buy all 1924 twenty dollar bills. We have paid more than $26,000 for some of the rarest examples. Contact us and we would be happy to make an offer on your bill.